Latest Banking News

Sovereign Metals has marked significant progress at its Kasiya Rutile-Graphite Project in Malawi, completing key geotechnical studies and securing a power supply framework. New US tariffs on Chinese graphite elevate Kasiya’s strategic importance as a low-cost alternative.

Knosys Limited sustains a robust $9.8 million Annual Recurring Revenue, extends its ANZ Bank contract, and accelerates AI-driven library technology development with promising early market feedback.

Peppermint Innovation Ltd reported robust growth in registered users, loan approvals, and transaction volumes in its June 2025 quarter, alongside strategic partnerships and key platform upgrades aimed at expanding financial inclusion in the Philippines.

Australia United Mining reports steady progress at its Sofala gold project and maintenance at Queensland’s Ropewalk mine, while facing a limited cash runway supported by related party loans and share investments.

Black Rock Mining advances its Mahenge Graphite Project with key power infrastructure agreements, a $25 million funding increase, and benefits from new US tariffs on Chinese graphite imports.

MAC Copper Limited shareholders will vote on a court-sanctioned scheme of arrangement proposing Harmony Gold’s acquisition at a 32% premium. The transaction, valued at over $1 billion, requires shareholder and regulatory approvals before completion.

Betashares Capital Ltd has released estimated distribution amounts for 16 of its ETFs for the July 2025 period, with payments scheduled for early August. Investors are reminded of key dates and the availability of the Distribution Reinvestment Plan.

TZ Limited has landed a significant bulk order from Microsoft and completed the Keyvision acquisition, positioning itself for a strong FY26 despite recent US market challenges.

Energy Action Ltd reports a robust Q4 FY25 with significant revenue growth, sustained positive cash flow, and strategic refinancing, while advancing its AI-driven Utilibox platform and zero-carbon solutions.

CAQ Holdings reported a significant 35% decline in leasing revenue for the June 2025 quarter amid tenant contract changes and high vacancy rates. The company is optimistic about a turnaround following new customs policies in Hainan Free Trade Port set to take effect in December.

Beonic Limited reported a landmark $15.2 million contract win in North Africa alongside strong Q4 FY25 EBITDA profitability and positive cash flow, signaling robust operational momentum heading into FY26.

Lark Distilling Co. reported a robust 12% increase in FY25 net sales to $15.6 million, underpinned by a completed brand restage and a major distillery upgrade at Pontville. Despite some export and B2B softness, the company’s strong cash position and strategic investments position it well for growth.